Full-Time
ASSISTANT MANAGER: REINSURANCE ACCOUNTING

Job Description

This is a senior position within the Reinsurance Accounts team of the Reinsurance Accounting Department and the job holder will work largely under their own direction and as part of the team. The Reinsurance Accounts team cover a variety of tasks including ensuring that policy data received from clients adheres to treaty terms and conditions, verification and settlement of claims and accurate provision of technical accounting for the Branch.

This is a senior position and as such, the jobholder will liaise with colleagues across the UK business and with the Group as required.

2. KEY RESPONSIBILITIES AND ACCOUNTABILITIES

? Responsibility for a portfolio of more complex clients, ensuring that all policy data and accounts provided by the clients adhere to the agreed treaty terms and conditions, and are dealt with within stated service standards.

? Ensuring the accuracy and integrity of all relevant client’s technical accounting through the Company’s financial reporting system, (actuals and estimates), in line with monthly reporting deadlines.

? Ensuring that all claim settlement requests from own client portfolio are financially valid and in accordance with treaty terms, and settled within stated service standards

? Assisting with the maintenance of process and controls for the Client Account steam ensuring that all client data and accounts are processes accurately, including operational approval limits as set out and agreed from time to time.

? Assist in the provision of Management Information regarding the actual and estimated technical account bookings, including KPIs and SLA attainment.

? Maintain an up to date knowledge of the reporting requirements of Hannover Re

? Make recommendations for the development of computer systems and programs within the department, to ensure that they remain appropriate, arranging user testing and sign-off as required.

? Assist with the training and development of less experienced members of the team.

? Contributes to the preparation of the department budget and Business Plan

? Contributes to the management and control of risks within the department as required.

? Maintain good relations with colleagues in the Life & Health network and liaise with them as necessary on relevant issues.

? Maintain good relations with clients, supported by an operational visit programme.

3. JOB REQUIREMENTS AND PERSON SPECIFICATION

The skills and experience required to perform this role are:

? 5+ years relevant experience in operational areas within the insurance industry

? ACII or equivalent qualification in business administration would be an advantage

? Life Insurance and Life Reinsurance experience

? Knowledge of the insurance market and products

? Knowledge of reinsurance solutions and rating structures

? Intermediate to advanced level MS Office skills

? Experience of leading a technical team.

? Good leadership and motivational skills

? Strong interpersonal and communication skills with the ability to explain technical matters in appropriate language.

? Operational experience with a desire to continually challenge and improve processes